About: debt Archives

  • Berlusconi struggles to hold coalition together

    News | Euro & Finance 07-11-2011

    Italian Prime Minister Silvio Berlusconi has one day left to win over party and coalition rebels threatening to bring down his government in a backlash over its failure to adopt reforms.

  • Berlusconi’s reform plan reassures EU leaders

    News | Euro & Finance 27-10-2011

    Italy’s EU colleagues expressed satisfaction with the contents of a letter brought to the summit yesterday (26 October) by Prime Minister Silvio Berlusconi setting out Rome’s intention to rein in public expenditure and counter contagion from Greece’s sovereign debt crisis. EU SUMMIT LIVE!

  • Italy must boost productivity, says economist

    News | Euro & Finance 26-10-2011

    Pension reform is not enough to solve the debt crisis in Italy, the government should adopt urgent measures to boost growth and redress the lack of productivity, said Italian economist Luigi Paganetto, in an interview with EURACTIV Italy.

  • Is capitalism doomed?

    Opinion | Euro & Finance 16-08-2011

    Many advanced economies are on the brink of a double-dip recession as the recovery has been anaemic and sub-par in most of them, writes Nouriel Roubini, professor of economics at New York University's Stern School of Business.

  • Barroso and Commission are also to blame for Greek crisis

    Opinion | Euro & Finance 23-06-2011

    As EU leaders gather in Brussels to solve the Greek crisis, Athens and Brussels should share the blame for having let the country fall down its slippery slope. Now a new social contract is needed between the EU and its citizens to restore trust, writes former Greek MEP Yiannis Roubatis.

  • US debt situation worries EU

    News | Global Europe 09-06-2011

    The current debt strains in the US are very serious and have an impact on Europe and the rest of the world, the EU's commissioner for economic and monetary affairs, Olli Rehn, said yesterday (8 June).

  • Public sector blamed for growing corporate debt

    News | Innovation & Industry 27-05-2011

    The public sector's failure to pay its bills is hiking up corporate debt and stifling growth, according to the 2011 European Payments Index, published yesterday (26 May).

  • Not only governments are to blame for exploding government debts

    Opinion | Euro & Finance 08-11-2010

    Although EU governments do bear responsibility for their current debt problems, this is only half the story as the financial crisis was triggered by unsustainable increases in private debt, writes Paul de Grauwe, professor of economics at the Katholieke Universiteit Leuven in Belgium.

  • Economic governance: What today’s EU summit debate might look like

    Opinion | Euro & Finance 28-10-2010

    The main concern underlying reform of EU economic governance is avoiding another debt crisis, but although this is key, Europe should also focus on fostering sustainable growth for future competitiveness, writes Maria Joao Rodrigues, professor of European economic policies at the Université Libre de Bruxelles and a policy advisor to the EU institutions. In the sketch below, she simulates a debate on reforming economic governance.

  • Why the stability pact is irrelevant

    Opinion | Euro & Finance 26-10-2010

    France and Germany are pushing for sanctions in the EU's eurozone stability pact, but fiscal profligacy only played a minor role in the debt crisis and the pact is the wrong place to start, writes Wolfgang Münchau of Eurointelligence in an October opinion piece.

  • Why the spectre of default just refuses to go away

    Opinion | Euro & Finance 23-09-2010

    City analysts in London and journalistic observers in Paris and Frankfurt already appear to have drawn the conclusion that it is only a matter of time before Greece defaults. Although the prime minister, the EU, the European Central Bank and the IMF keep on denying such a scenario, the spectre of default keeps returning and is starting to form its own reality, writes Jens Bastian, senior economic research fellow for South Eastern Europe at ELIAMEP, in an exclusive op-ed for EURACTIV.

  • Gazelles and Turtles

    Opinion | Euro & Finance 30-08-2010

    The financial crisis is over but the world is currently divided into two groups: those countries that are recovering strongly and those that are lagging behind with new potential problems, writes Hans-Werner Sinn, professor of economics and public finance at the University of Munich and president of the Ifo Institute, in an August op-ed.